Restaurant Brands International (NYSE:QSR) Reaches New 1-Year Low - Should You Sell?

Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR shares hit a new 52-week low on Monday . The stock traded as low as $59.67 and last traded at $60.72, with a volume of 471622 shares. The stock had previously closed at $61.54.

Analyst Ratings Changes

A number of analysts have recently commented on QSR shares. Royal Bank of Canada cut their price objective on shares of Restaurant Brands International from $95.00 to $90.00 and set an "outperform" rating on the stock in a research report on Wednesday, November 6th. Morgan Stanley cut their price target on shares of Restaurant Brands International from $81.00 to $73.00 and set an "equal weight" rating on the stock in a research report on Tuesday, January 21st. CIBC decreased their price objective on Restaurant Brands International from $88.00 to $86.00 and set an "outperformer" rating for the company in a report on Wednesday, November 6th. Evercore ISI dropped their target price on Restaurant Brands International from $93.00 to $90.00 and set an "outperform" rating on the stock in a report on Wednesday, November 6th. Finally, TD Cowen decreased their price target on Restaurant Brands International from $82.00 to $80.00 and set a "buy" rating for the company in a research note on Wednesday, November 6th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and sixteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $80.00.

Restaurant Brands International Stock Up 2.2 %

The company has a current ratio of 1.02, a quick ratio of 0.94 and a debt-to-equity ratio of 2.75. The stock has a 50 day simple moving average of $64.88 and a 200 day simple moving average of $68.24. The firm has a market capitalization of $20.79 billion, a PE ratio of 16.06, a PEG ratio of 2.09 and a beta of 0.93.

Insider Buying and Selling

In related news, insider Jill Granat sold 10,613 shares of Restaurant Brands International stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $70.41, for a total transaction of $747,261.33. Following the completion of the transaction, the insider now directly owns 388,759 shares of the company's stock, valued at $27,372,521.19. This trade represents a 2.66 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Sami A. Siddiqui sold 5,579 shares of Restaurant Brands International stock in a transaction on Monday, January 6th. The shares were sold at an average price of $64.20, for a total value of $358,171.80. Following the transaction, the chief financial officer now owns 27,266 shares of the company's stock, valued at $1,750,477.20. The trade was a 16.99 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 113,510 shares of company stock valued at $7,774,020 over the last quarter. 1.36% of the stock is owned by company insiders.

Institutional Trading of Restaurant Brands International

Hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC increased its holdings in Restaurant Brands International by 25.8% during the third quarter. SG Americas Securities LLC now owns 3,081 shares of the restaurant operator's stock valued at $222,000 after buying an additional 631 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Restaurant Brands International by 67.0% in the third quarter. GAMMA Investing LLC now owns 1,754 shares of the restaurant operator's stock worth $126,000 after buying an additional 704 shares during the period. Artemis Investment Management LLP raised its stake in shares of Restaurant Brands International by 12.4% in the third quarter. Artemis Investment Management LLP now owns 216,627 shares of the restaurant operator's stock worth $15,623,000 after buying an additional 23,890 shares during the period. Royal Fund Management LLC lifted its position in shares of Restaurant Brands International by 157.2% during the 3rd quarter. Royal Fund Management LLC now owns 45,860 shares of the restaurant operator's stock valued at $3,307,000 after buying an additional 28,030 shares in the last quarter. Finally, Gateway Investment Advisers LLC grew its stake in shares of Restaurant Brands International by 1.2% during the 3rd quarter. Gateway Investment Advisers LLC now owns 89,777 shares of the restaurant operator's stock valued at $6,475,000 after acquiring an additional 1,090 shares during the period. Hedge funds and other institutional investors own 82.29% of the company's stock.

Restaurant Brands International Company Profile

Restaurant Brands International Inc operates as a quick-service restaurant company in Canada, the United States, and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and other food products.